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NYSE:NFGC

New Found Gold (NFGC) Stock Forecast, Price & News

$4.22
-0.08 (-1.86%)
(As of 11:45 AM ET)
Compare
Today's Range
$4.22
▼
$4.35
50-Day Range
$4.15
▼
$5.03
52-Week Range
$2.92
▼
$5.70
Volume
65,101 shs
Average Volume
219,980 shs
Market Capitalization
$754.79 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.00
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsSocial Media

New Found Gold MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
111.8% Upside
$9.00 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.97mentions of New Found Gold in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.32) to ($0.29) Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.81 out of 5 stars

Basic Materials Sector

122nd out of 163 stocks

Gold & Silver Ores Industry

28th out of 37 stocks

See Top Rated MarketRank™ Stocks Here

NFGC stock logo

About New Found Gold (NYSE:NFGC) Stock

New Found Gold Corp., a mineral exploration company, engages in the identification, acquisition, and exploration of mineral properties in the Provinces of Newfoundland and Labrador, and Ontario. The company primarily explores for gold deposit. It holds 100% interests in the Queensway project that includes 94 mineral licenses and 6,649 claims covering an area of 166,225 hectares of land located near Gander, Newfoundland; and the Lucky Strike project comprising 11,684 hectares located in Kirkland Lake, Ontario. The company was formerly known as Palisade Resources Corp. and changed its name to New Found Gold Corp. in June 2017. New Found Gold Corp. was incorporated in 2016 and is headquartered in Vancouver, Canada.

NFGC Price History

NFGC Stock News Headlines

September 20, 2023 | finance.yahoo.com
PALISADES ANNOUNCES NEW FOUND INTERCEPTS AT 421 ZONE AND MINERALIZATION AT GROUSE ZONE AT QUEENSWAY PROJECT
September 13, 2023 | finance.yahoo.com
New Found Intercepts 47 g/t Au Over 10.55M & 115 g/t Au Over 4.10M at Iceberg East; Defines Near-surface, High-grade Segment of Iceberg-Iceberg East Covering 570M Strike
September 22, 2023 | Chaikin Analytics (Ad)
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September 5, 2023 | finance.yahoo.com
New Found Hits 119 g/t Au Over 4.10M & 147 g/t Au Over 2.70M at Jackpot
August 28, 2023 | finance.yahoo.com
PALISADES ANNOUNCES NEW FOUND GOLD DEFINES MINERALIZED FOOTPRINT AT K2 ZONE AT QUEENSWAY PROJECT
August 22, 2023 | finance.yahoo.com
NEW FOUND INTERCEPTS 86.9 G/T AU OVER 5.30M & 29.4 G/T AU OVER 7.75M AT ICEBERG
August 21, 2023 | finance.yahoo.com
New Found Announces Completion of 3-D Seismic Survey
August 16, 2023 | finance.yahoo.com
New Found to Uncover Keats Zone in Surface Trench
September 22, 2023 | Chaikin Analytics (Ad)
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August 14, 2023 | finance.yahoo.com
Maritime Announces New Found Gold as Lead Investor in Previously Announced Note Offering and Memorandum of Understanding for Toll Processing at Pine Cove
August 9, 2023 | finance.yahoo.com
New Found Intercepts 167 g/t Au Over 4.70M at Iceberg
August 7, 2023 | nasdaq.com
NFGC Makes Notable Cross Below Critical Moving Average
August 3, 2023 | ca.finance.yahoo.com
NFGC Aug 2023 7.500 call
August 2, 2023 | finance.yahoo.com
PALISADES ANNOUNCES NEW FOUND GOLD INTERCEPTS AT KEATS FOOTWALL
July 24, 2023 | finance.yahoo.com
New Found Intercepts 101 g/t Au Over 2.75m & 11.5 g/t Au Over 8.9m at "421 Zone" at Keats Main
July 15, 2023 | msn.com
Gold should be dead, but somehow it’s still adding value
July 8, 2023 | theglobeandmail.com
Is This The Next Big Gold Discovery In Newfoundland? Early Indications Point To It
July 5, 2023 | finance.yahoo.com
New Found Intercepts 14.5 g/t Au Over 27.8m, 9.7 g/t Au Over 20.3m, 34.6 g/t Au Over 5.3m, 39 g/t Au Over 4.3m & 33 g/t Au Over 4.8m at Iceberg
July 5, 2023 | finance.yahoo.com
PALISADES ANNOUNCES FURTHER NEW FOUND INTERCEPTS AT ICEBERG AND ICEBERG EAST ZONES AT QUEENSWAY PROJECT
June 28, 2023 | finance.yahoo.com
New Found Intercepts 31 g/t Au Over 7.95m at Iceberg & 15 g/t Au Over 7.55m at Iceberg East
June 26, 2023 | juniorminingnetwork.com
St. James Gold Signs Letter of Consent to let New Found Gold Conduct Single Line 2D Seismic Survey over Grub Line Property in Newfoundland
June 26, 2023 | finance.yahoo.com
New Found Provides Update on Industry-leading 3-D Seismic Survey at Its Queensway Gold Project
June 22, 2023 | finance.yahoo.com
New Found Makes New High-grade, at Surface Discovery Intercepting 95.7 g/t Au Over 3.25m at "Jackpot Zone"
June 20, 2023 | finance.yahoo.com
New Found Intercepts 49.5 g/t Au Over 2.30M & 20.2 g/t Au Over 3.35M at Knob, 2km South of Keats
June 15, 2023 | finance.yahoo.com
New Found Intercepts 41 g/t Au Over 8.7m & 33 g/t Au Over 6.7m, Extends Iceberg Strike Length To 665m
June 14, 2023 | finance.yahoo.com
New Found Intercepts 5.6 g/t Au Over 16.3M & 3.3 g/t Au Over 15M at Keats West
June 8, 2023 | finance.yahoo.com
PALISADES ANNOUNCES NEW FOUND GOLD INTERCEPTS AND EXTENSION OF STRIKE LENGTH AT ICEBERG
See More Headlines
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NFGC Company Calendar

Last Earnings
8/14/2023
Today
9/22/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Gold & silver ores
Sub-Industry
N/A
Sector
Basic Materials
Current Symbol
NYSE:NFGC
CUSIP
N/A
CIK
1840616
Web
newfoundgold.ca
Phone
604-562-9664
Fax
N/A
Employees
93
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$9.00
High Stock Price Forecast
$9.00
Low Stock Price Forecast
$9.00
Forecasted Upside/Downside
+109.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

EPS (Most Recent Fiscal Year)
($0.33)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$-69,220,000.00
Net Margins
N/A
Pretax Margin
N/A
Return on Equity
-115.24%
Return on Assets
-88.97%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
3.60
Quick Ratio
3.60

Sales & Book Value

Annual Sales
N/A
Price / Sales
N/A
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$0.37 per share
Price / Book
11.62

Miscellaneous

Outstanding Shares
178,861,000
Free Float
N/A
Market Cap
$769.10 million
Optionable
Not Optionable
Beta
1.42
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Key Executives

  • Mr. Collin KettellMr. Collin Kettell (Age 32)
    Founder, Exec. Chairman & CEO
    Comp: $397.09k
  • Mr. Denis Roland Laviolette B.Sc (Age 38)
    B.Sc., Founder, Pres & Director
    Comp: $277.96k
  • Mr. Michael Kanevsky C.A. (Age 41)
    CPA, Chief Financial Officer
    Comp: $119.13k
  • Mr. Greg Matheson B.Sc. (Age 37)
    P. Geo, P.Geo., Chief Operating Officer
    Comp: $258.11k
  • Mr. Ronald Hampton
    Chief Devel. Officer
  • Ms. Melissa Render P.Geo.
    VP of Exploration
  • Ms. Janet Francis (Age 55)
    Corp. Sec.

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions













NFGC Stock - Frequently Asked Questions

Should I buy or sell New Found Gold stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for New Found Gold in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" NFGC shares.
View NFGC analyst ratings or view top-rated stocks.

What is New Found Gold's stock price forecast for 2023?

2 brokers have issued 12 month price targets for New Found Gold's stock. Their NFGC share price forecasts range from $9.00 to $9.00. On average, they anticipate the company's share price to reach $9.00 in the next year. This suggests a possible upside of 109.3% from the stock's current price.
View analysts price targets for NFGC or view top-rated stocks among Wall Street analysts.

How have NFGC shares performed in 2023?

New Found Gold's stock was trading at $4.04 at the beginning of 2023. Since then, NFGC shares have increased by 6.4% and is now trading at $4.30.
View the best growth stocks for 2023 here.

How were New Found Gold's earnings last quarter?

New Found Gold Corp. (NYSE:NFGC) released its quarterly earnings data on Monday, August, 14th. The company reported ($0.07) earnings per share (EPS) for the quarter.

What is New Found Gold's stock symbol?

New Found Gold trades on the New York Stock Exchange (NYSE) under the ticker symbol "NFGC."

Who are New Found Gold's major shareholders?

New Found Gold's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Van ECK Associates Corp (2.51%), Integrated Advisors Network LLC (0.38%), Citadel Advisors LLC (0.00%), Bank of Montreal Can (0.02%), Cibc World Market Inc. (0.02%) and Cannell & Co. (0.02%).

How do I buy shares of New Found Gold?

Shares of NFGC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is New Found Gold's stock price today?

One share of NFGC stock can currently be purchased for approximately $4.30.

How much money does New Found Gold make?

New Found Gold (NYSE:NFGC) has a market capitalization of $769.10 million. The company earns $-69,220,000.00 in net income (profit) each year or ($0.33) on an earnings per share basis.

How can I contact New Found Gold?

New Found Gold's mailing address is 800 West Pender Street Suite 1430 Vancouver, BC V6C 2V6 Canada https://newfoundgold.ca800 West Pender Street Suite 1430 Vancouver, BC V6C 2V6 Canada. The official website for the company is newfoundgold.ca. The company can be reached via phone at 604-562-9664.

This page (NYSE:NFGC) was last updated on 9/22/2023 by MarketBeat.com Staff

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